Business Bankruptcies in 2019

In 2019 a number of businesses filed bankruptcy we’re expecting it to be way more in 2020.

Blue Cat Carriers LLC, Shepherdsville, filed Chapter 11
Debts: $1,074,725
Assets: $590,212
Major creditors: PIRS Capital

Bluegrass Pain Consultants PLLC, Louisville, filed Chapter 7
Debts: $2,610,201
Assets: $152,000
Major creditors: Dr. Chris Nelson

Insight Terminal Solutions LLC, Louisville, filed Chapter 11
Debts: $18,882,597
Assets: $14,224
Major creditor: Autumn Wind Lending LLC

M&P Collections Inc., Louisville, filed Chapter 7
Debts: $6,783,171
Assets: $10,000
Major creditors: American Founders Capital Inc.

Maple Hill Farms Inc., Campbellsburg, Ind., filed Chapter 12
Debts: $2,534,380
Assets: $2,536,085
Major creditors: Farm Credit Mid-America PCA

Marine Builders Inc., Jeffersonville, Ind., filed Chapter 11
Debts: $4,543,911
Assets: $4,684,194
Major creditors: New Washington State Bank

Merrick Co. LLC, Louisville, filed Chapter 11
Debts: $3,656,559
Assets: $824,992
Major creditors: Kentucky Department of Revenue

Millers Lane Center LLC, Louisville, filed Chapter 11
Debts: $4,197,595
Assets: $5,839,439
Major creditors: Blue Sky Inc.

Velmo USA LLC, La Grange, filed Chapter 11
Debts: $6,836,261
Assets: $1,107,272
Major creditors: Brad Law